Citi Private Bank

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Legal Industry Insight

The ability to identify industry trends and opportunities is essential to successful law firm leadership.

Our acclaimed Advisory Services team produces industry-leading research and analysis of individual firm and law firm industry performance through a suite of publications.

Clients also have the opportunity to connect with peers and gain additional insight from industry experts through market leading events.

Based on an in-depth survey completed by firms, the survey report depicts results by firm size across major quantifiable measures including drivers of revenue, capitalization and staffing. Each year’s survey includes an executive analysis that presents the results in the context of broader industry trends. Detailed annual survey results are available only to participants.

We report timely updates on the financial performance of the law firm industry from data collected through short surveys sent to a broad cross section of firms. Detailed results are distributed to participants only and explained in detail by our Client Advisors via conference calls.

Our annual publication, which outlines the current landscape of the law firm industry, how law firms are responding to these conditions and best forward-looking opportunities for future growth.

A forward-looking study that captures the expectations of managing partners regarding the economy, legal industry business conditions, together with their expectations for revenue and profit growth at their respective firms. The study serves as an instructive comparison between the financial results of the Quarterly Flash Reports and management expectations.

A three-day forum held each year for a select group of law firm managing partners. Participants interact with peers and attend sessions led by leading experts in the legal industry and the broader economy.

A one-day annual forum for a select group of law firm executives, directors and CFOs. Participants interact with peers and attend sessions led by leading experts in the legal industry and the broader economy.

Invited clients participate in roundtable discussions with our Advisory Services team, and other Citi experts, on industry trends and preview the results of our latest research. These roundtables provide a comfortable setting for informal discussion among senior law firm leaders from firms of varying scope and size.

On an annual basis, we meet with law firm decision makers to analyze the financial performance of individual law firms in the context of the performance of their nominated peers. Our industry leading peer reviews focus on where the firm outperforms and opportunities for improved performance versus peers. Reviews serve as a valuable management tool for forward planning.

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